NRS 661.165 Directors: Quarterly meetings and examination of books required; exemption.
62 words·~1 min read·
/nv/chapter-661-organizational-requirements/661-165·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
NRS 661.165 Directors: Quarterly meetings and examination of books required; exemption. The board of directors shall meet at least quarterly in regular meeting. At least quarterly, a thorough examination of the books, records, funds and securities held by the bank must be made. The examination may be dispensed with if an annual audit is made of the books, records, funds and securities.